Earlier this year the government announced a major overhaul of the UK pension system. Last year, the Government changed the inflation measure used for increasing state pensions and at the end of November the chancellor will reveal details of exactly how next year's increase will be calculated and how much more pensioners can expect.

But many pensioners and those nearing retirement age have more questions about the pensions system. They are struggling as a result of the high inflation and Bank of England's interest rate policy - what will the Government do about the impact on annuities? Are we about to see some major overhaul of the regulations on annuities?

And what about pension savings for the future? How will auto enrolment into employer pension schemes work? Do pensions have an image problem? And will pensioners be able to dip into their pension pots earlier than they currently can?

In the fourth in the Saga Speaks…webTV series Saga Director General Ros Altmann interviews Pensions minister Steve Webb on a variety of pension’s related issues. In previous shows in the series David Cameron, Gordon Brown and Nick Clegg answered questions on what the political parties were doing for the Saga generations.

In December Dr Altmann will interview Andrew Dilnot (CBE), British Economist and broadcaster to discuss the future of care and the recent recommendations of the Dilnot Commission.